Economic regulation of Heathrow Airport: H8 initial proposals – Summary

In this document, we set out:

• the context for the H8 review and the wider developments influencing these initial proposals;
• how the initial proposals aim to deliver for consumers and incentivise efficiency;
• the proposed approach to the main price control building blocks and the resulting level of airport charges; and
• an overview of the statutory framework and next steps in the H8 process.

Published documents

As part of our H8 initial proposals we have published:

• The summary document

• Sections

  • Section 1
  • Section 2
  • Section 3

• Appendices

  • Appendices A-B
  • Appendices C-D
  • Appendices E-L

• Supporting documents

  • EE-YA H8 opex and commercial revenues report for IPs 
  • H8 opex and comrev  model user guide for IPs
  • H8 opex and comrev model for IPs
  • Steer H8 capex assessment for IPs
  • Steer H8 Consumer Research Review
  • Steer H8 Traffic Review for IPs - data file
  • Steer H8 Traffic Review for IPs - model extract
  • Steer H8 Traffic Review for IPs
  • FTI Report - H8 Cost of Capital
  • H8 – WACC Calculator – March 2026 (redacted)
  • H8 – Cost of Debt Calculator – March 2026 (redacted)
  • H8 Cost of Equity Calculator – March 2026 (redacted)
  • Price Control Model